It’s been a long time coming, but it has finally happened!
Shawn “Jay Z” Carter, rapper and businessman extraordinaire, has finally joined the coveted two-comma club.
Earlier this morning, an article by Forbes Magazine detailed that the rapper has reached billionaire status. The article opened with a meeting between Jay and billionaire investor Warren Buffett/, in which the latter came away impressed and claimed that Jay was “the guy to learn from.”
The magazine details the rapper’s billion-dollar empire, which spans music, streaming, real estate, liquor, art, and much more. It also explains that Jay built his brands; record and entertainment platform Roc Nation, streaming service Tidal, D’Ussé cognac, the Rocawear clothing line, and much more.
Per the publication, Jay’s holdings include the following:
Armand de Brignac champagne: $310 million
Cash & investments, including a stake in Uber: $220 million
D’Ussé cognac: $100 million
Tidal streaming service: $100 million
Roc Nation: $75 million
Music catalog: $75 million
Art collection: $70 million
Real estate: $50 million
Jay is a native of Brooklyn who rose to fame in 1996 with his debut album, “Reasonable Doubt.” His sixth album, “The Blueprint,” was added to the National Recording Registry earlier this year.
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